Guy Manasse's Page
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- Which best describes you?
- Vendor Partner
- What company do you work for (or own)?
- First Equity Payment
- What is your current position within your organization?
- CEO
- What is your company website?
- http://www.1FEP.com
- What is your LinkedIn page/URL?
- http://www.linkedin.com/pub/guy-manasse/4/372/19b
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- Network
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- First Equity Payment is the best in class for budgetary payments/biweekly utilized in F&I Departments nationwide. I personally have over 25 years Dealer experience and 10 years experience in Technology servicing Dealers nationwide.
Guy Manasse's Blog
WILL INEQUITY/NEGATIVE EQUITY OF CUSTOMER VEHICLES HURT DEALERS LONG-TERM
Posted on August 2, 2017 at 9:48am 0 Comments 0 Likes
Inequity/Negative equity of Customer trade-ins is an every day occurrence in Dealerships that I see today. I am starting to see deals stacking higher in F&I offices on rehashes particularly around the amount financed and term.
Is this a trend being seen nationwide by others where Dealers are asking for more money and longer terms and being rejected?
Are we heading for an inequity/negative equity perfect storm? If we keep pushing longer terms for a need of a…
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